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- Tasks: Lead compensation strategies and analytics to drive fair pay practices across the globe.
- Company: Join Mace, a dynamic consultancy redefining construction with a focus on people and potential.
- Benefits: Flexible working options, inclusive culture, and opportunities for professional growth.
- Other info: Embrace a diverse workplace that values safety, integrity, and continuous improvement.
- Why this job: Make a real impact on global compensation policies and help shape careers.
- Qualifications: Experience in compensation analytics, pay review software, and strong Excel skills.
The predicted salary is between 60000 - 80000 £ per year.
Mace combines construction expertise with consultancy to unlock potential in every person or project and redefine the boundaries of ambition. Our values shape the way we consult and define the people we want to join us on our journey.
Acts as subject matter expert (SME) for the business and HR community on all aspects of compensation policy and its execution through sound and pragmatic guidance. Supports the execution of all compensation processes and the generation of compensation analytics and reports. Responsible for designing and maintaining the global job catalogue that defines roles, skills, and progression.
You’ll be responsible for:
- The technical pay review system builds in partnership with our provider.
- Pay review tools to access pay and bonus spend and analytics in partnership with HR analytics.
- Pay equity, pay transparency and compensation guidance.
- Developing and maintaining salary ranges for all countries where the business operates.
- Providing guidance to recruiters, HRBP's and leaders on the appropriate use of Reward levers to inform pay decisions.
- Input into budgeting process, distributing agreed budgets, and developing merit/bonus guidelines.
- Managing all aspects of salary data submissions to salary surveys.
- Providing compensation benchmarking using market data from the salary surveys available to the business.
- Designing and maintaining the global job catalogue that defines roles, skills, and progression.
- Providing guidance and training on the formal grading of jobs, using the Mercer IPE job grading methodology.
You’ll need to have:
- Experience with pay review software and the technical set up of a pay review. Oracle experience desirable.
- Expertise in international compensation benchmarking, pay review SME and the use of pay-related technology.
- Experience in compensation analytics and reporting with high proficiency in Excel and with PowerBI experience desirable.
- Managing day-to-day queries and all reporting relating to the annual bonus and salary review process.
- Experience of career framework creation and the maintaining of global job catalogues that define roles, skills, and progression. Mercer IPE job grading methodology experience is desirable.
- High attention to detail, ability to work under pressure and sound numeric capability.
- Stakeholder and project management.
Our values:
- Safety first - Going home safe and well: We champion a safe, diverse and inclusive working environment, understanding the importance of wellbeing in every team.
- Client focus - Deliver on our promise: We own the quality of deliverables, strategic outcomes and build long term relationships with our clients.
- Integrity - Always do the right thing: We influence positive outcomes within our industry, while always aligning with our compliance obligations.
- Create opportunity - For our people to excel: We champion a continuous improvement culture throughout all activities, inspiring our people and teams to develop.
Mace is an inclusive employer and welcomes interest from a diverse range of candidates. Even if you feel you do not fulfil all the criteria, please apply as you may still be the best candidate for this role or another role within our organisation. We are also open to discussing part time, flexible, and hybrid working options if suitable within the role.
Senior Compensation Manager in London employer: Mace
Contact Detail:
Mace Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Compensation Manager in London
✨Tip Number 1
Network like a pro! Reach out to people in your industry, especially those who work at Mace or similar companies. A friendly chat can open doors and give you insider info that could help you stand out.
✨Tip Number 2
Prepare for interviews by researching Mace’s values and recent projects. Show us how your experience aligns with our mission and how you can contribute to our goals. We love candidates who are genuinely interested!
✨Tip Number 3
Practice your answers to common interview questions, but keep it natural. We want to see your personality shine through, so don’t be afraid to let us know what makes you tick!
✨Tip Number 4
Apply directly through our website! It’s the best way to ensure your application gets seen. Plus, it shows us you’re serious about joining our team and ready to take that next step.
We think you need these skills to ace Senior Compensation Manager in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Senior Compensation Manager. Highlight your experience with pay review software and international compensation benchmarking, as these are key aspects of the job. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about compensation management and how you can contribute to our mission at Mace. Don’t forget to mention your experience with Mercer IPE job grading methodology if you have it!
Showcase Your Analytical Skills: Since this role involves a lot of compensation analytics and reporting, make sure to highlight your proficiency in Excel and any experience with PowerBI. We love numbers, so let us know how you've used data to drive decisions in your previous roles!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of it. Plus, it shows you’re keen on joining our team at Mace!
How to prepare for a job interview at Mace
✨Know Your Numbers
As a Senior Compensation Manager, you'll need to be comfortable with data. Brush up on your compensation analytics and reporting skills, especially in Excel and PowerBI. Be ready to discuss how you've used these tools in past roles to drive pay decisions and equity.
✨Understand the Job Catalogue
Familiarise yourself with the global job catalogue and Mercer IPE job grading methodology. Be prepared to explain how you would design and maintain this catalogue, and share examples of how you've done it before. This shows you’re not just a fit for the role but also understand its core responsibilities.
✨Showcase Your Stakeholder Management Skills
Stakeholder management is key in this role. Think of specific instances where you've successfully collaborated with HRBP's, recruiters, or leaders to inform pay decisions. Highlight your ability to communicate complex compensation concepts clearly and effectively.
✨Align with Company Values
Mace values safety, client focus, integrity, and creating opportunities. Reflect on how your personal values align with these and prepare to share examples that demonstrate your commitment to these principles in your previous roles. This will help you connect with the interviewers on a deeper level.